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Jeff Bezos loses World's 4th richest presumption to Mark Zuckerberg arsenic markets is 'unhappy' with Amazon's …
Amazon laminitis Jeff Bezos has slipped down Meta CEO Mark Zuckerberg successful the planetary wealthiness rankings aft Amazon’s latest net study failed to conscionable marketplace expectations. According to Forbes Billionaires List 2025, Jeff Bezos’ nett worthy was reduced by $16 cardinal (6.9%) to $218.9 billion, trailing down Zuckerberg with $226.6 cardinal nett worth.
Elon Musk remains the world’s wealthiest idiosyncratic with a nett worthy of $839.4 billion, followed by Google cofounders Larry Page ($267.3 billion) and Sergey Brin ($246.6 billion).
Markets unhappy with Amazon’s quarterly earnings
Shares of Amazon fell sharply aft the institution posted quarterly net somewhat beneath estimates and signalled overmuch higher aboriginal spending. According to Forbes, Amazon shares dropped astir 9.3% connected February 6 to astir $202. The autumn came aft the institution reported net of $1.95 per stock for the latest quarter, missing Wall Street estimates of $1.97 per share.
Revenue roseate to $213.4 billion, which was higher than expected, but investors focused much connected profits and aboriginal costs.The banal driblet reduced Jeff Bezos’ idiosyncratic wealth, allowing Meta CEO Mark Zuckerberg to determination up of him. Market concerns were reportedly linked to Amazon’s increasing superior expenditure (Capex) plans, particularly astir artificial quality (AI) and infrastructure.
Big spending plans interest investors
During the net call, Amazon CEO Andy Jassy said the institution expects superior expenditure of astir $200 cardinal successful 2026.
He said the spending would enactment request for AI products, customized chips, robotics, and low-orbit satellites. The fig is astir 36% higher than what Wall Street had projected. Analysts astatine MoffettNathanson said the summation was larger than expected and raised concerns astir returns.Alphabet, Amazon, Meta, and Microsoft unneurotic expect to walk astir $610 cardinal successful 2026, chiefly driven by AI-related investments. While companies accidental the spending supports semipermanent growth, investors stay cautious astir costs and near-term returns.
